§ Mr. Malcolm BruceTo ask the Secretary of State for Transport what has been the actual, or planned, annual investment, in 1995 prices, in the United Kingdom rail network in each year from 1979–80 to 1998–99. [22773]
§ Mr. WattsThe table shows annual investment in the rail network between 1980 and 1994–95.
£ million 1994–95 prices 1980 951 1981 810 1982 695 1983 767 1984–851 786 1985–86 860 1986–87 822 1987–88 995 1988–89 975 1989–90 1,122 1990–91 1,238 1991–92 1,454 1992–93 1,633 1993–94 1,276 1994–95 1,022 1 1984–85 was a 15-month year. The figure given is the 12 month equivalent. Investment in 1995–96 is expected to be around £1 billion. Investment in 1996–97 and later years is expected to increase, following the privatisation of Railtrack and other businesses.